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Smartphone and Tablet Boom Furthers Potential of Global Optical and Image Sensors Market, Finds Frost & Sullivan

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Smartphone and Tablet Boom FurthersSmartphone and Tablet Boom Furthers Potential of Global Optical and Image Sensors Market, Finds Frost & Sullivan PR Newswire LONDON, March 5, 2014 -- Emerging applications in the automotive, industrial, and medical segments will ensure strong market growth Consumer demand for high-quality imaging capabilities, enhanced viewing experience, and power saving capabilities in cell phones, tablets, and industrial machine vision will lend momentum to the global optical and image sensors market. Evolving opportunities in the automotive, security and medical sectors will further drive the development of high-performance, high-priced sensors with features such as wide dynamic range and low-light sensitivity. New analysis from Frost & Sullivan (http://www.sensors.frost.com), Strategic Analysis of the World Optical and Image Sensors Market, finds that the market earned revenues of $9.07 billion in 2013 and estimates this to reach $15.12 billion in 2019. "For entry into automotive markets, sensor manufacturers need to work with large original equipment manufacturers (OEMs) to develop the next generation of automotive vision systems," said Frost & Sullivan Measurement and Instrumentation Senior Industry Analyst Sankara Narayanan. "For the medical segment, attaining complexity of design and adhering to strict safety standards will be crucial.
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Smartphone and Tablet Boom Furthers Potential of Global Optical and Image Sensors Market, Finds Frost & Sullivan

PR Newswire

-- Emerging applications in the automotive, industrial, and medical segments will ensure strong market growth

Consumer demand for high-quality imaging capabilities, enhanced viewing experience, and power saving capabilities in cell phones, tablets, and industrial machine vision will lend momentum to the global optical and image sensors market. Evolving opportunities in the automotive, security and medical sectors will further drive the development of high-performance, high-priced sensors with features such as wide dynamic range and low-light sensitivity.